Schlumberger chief financial officer steps down after £9.3bn loss
Schlumbergers chief financial officer has announced plans to step down following the company's £9.3billion pre-tax loss in October.
Schlumberger
SPE Aberdeen: Inspiring the next generation
Now more than ever, it is important we work to attract the next generation into the industry.
Neptune hands out drilling deals worth £30.8m for North Sea project
Neptune Energy and partners have dished out drilling services contracts worth £30.8 million for its 50 million barrel Seagull project in the UK North Sea.
Aberdeenshire resident facing $1million lawsuit from Schlumberger
A north-east man is being sued by oilfield services giant Schlumberger for $1million after they claimed he left the firm to work for a rival.
Analysis: Schlumberger lawsuit is lesson ‘not to pay lip service’ to binding contracts
The Schlumberger lawsuit is a lesson for employees “not to pay lip service” to legal contracts, according to an employment law expert.
Schlumberger posts £9.3billion loss as it takes heavy impairment charges
Heavy impairment charges led Schlumberger to a loss of £9.3billion before tax in its third quarter results.
Schlumberger, Chevron and Microsoft launch AI platform for oil field
Schlumberger, Chevron and Microsoft have launched a cloud-based artificial intelligence platform to improve a digital services in the oil field.
Easy to be left punch drunk and bored by negativity
For almost 30 years I have been relentlessly battered with the oil & gas industry’s supposed track record in innovation.
Exploration wells and FIDs beckon for UKCS
The UK upstream oil and gas sector will be a hive of activity over the coming years, two global energy consultancies have said.
Corallian starts survey on Curlew-A offshore UK
The rig site survey has begun on Corallian Energy's Curlew-A field in the central North Sea.
Schlumberger beats expectations on revenue during second quarter
Global oil field service giant Schlumberger reported nearly $8.3 billion of revenue during the second quarter beating Wall Street expectations.
Schlumberger appoints former North Sea boss as new chief executive
Oilfield services giant Schlumberger has appointed a former North Sea boss as its new chief executive.
Drillers fighting for survival in world of cheap oil
For the oilfield services industry, it’s no longer about merely navigating a downturn. It’s now about survival.
Oilfield service firms starting to lift prices, Rystad says
After several years in the doldrums, oilfield service companies are beginning to raise prices for their products and services, according to Rystad Energy.
Oil industry and climate leaders to share stage at Offshore Europe opener
Energy industry heavyweights and a climate change leader will share the stage during the plenary session of SPE Offshore Europe 2019.
NRG Well Management aiming for step change in upstream business
Energy services firm NRG Well Management, of Aberdeen, said it was making a “step change in approach” to its offshore business as it unveiled a new director.
Schlumberger exits tubulars business after selling three subsidiaries for $400m
Oilfield service giant Schlumberger is exiting the tubulars business after agreeing to sell three specialized subsidiaries to a Houston company in a $400 million deal.
Saudi Taqa sees $1.2 billion in America, Middle East oil deals
A Saudi oilfield services company backed by the country’s sovereign wealth fund kicked off a planned $1.2 billion in acquisitions by buying Texas-based Schlumberger Ltd.’s Middle Eastern drilling-rig business.
Schlumberger predicts steady improvement for oil market in 2019
The boss at energy services giant Schlumberger has predicted "steady improvement" in the oil market this year.
Schlumberger set to make changes at the top
Schlumberger’s board is leaning toward picking chief operating officer Olivier Le Peuch to become its next chief executive officer, according to a person familiar with the matter.
Health and safety leader appointed at EnerMech
Aberdeen firm EnerMech has appointed Emmanuelle Marshall as Group HSE Director.
Offshore drilling makes comeback after years in shale’s shadow
Offshore is ready for the limelight again.
Millennials now make up majority of Schlumberger’s workforce
With Millennials now making up the majority of employees at Schlumberger, the company's CEO said the oilfield service giant is taking a new approach to management.
Schlumberger expects North American oilfield investments to be down
Investments in North American oilfields are expected to be down this year while international markets are expected to grow, Schlumberger CEO Paal Kibsgaard said.
Schlumberger, Rockwell create new JV for the digital, automated oilfield
The energy services company Schlumberger is partnering with the Milwaukee firm Rockwell Automation to form a new company in Houston to sell equipment and services to advance digital technology and automation in the oilfield.